Neurorehabilitation Devices Market Set for Significant Growth with Advancements in Wearable Technology and Robotics

Neurorehabilitation Devices Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

The Neurorehabilitation Devices Market is expected to grow at a CAGR of 14.7% during the forecast period 2024-2031.

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Rising Prevalence of Neurological Disorders to Propel Growth in the Neurorehabilitation Devices Market

The growing incidence of neurological disorders such as stroke, Parkinson's disease, and epilepsy is a major factor driving the expansion of the neurorehabilitation devices market. According to the World Health Organization (WHO), the number of individuals affected by neurological conditions is projected to increase from 95 million in 2015 to 103 million by 2030. This alarming trend underscores the need for effective rehabilitation solutions, thereby boosting the demand for advanced neurorehabilitation devices.

The widespread adoption of these devices is further supported by the growing burden of stroke, which claims around 6 million lives annually as per WHO data. In addition, epilepsy remains a significant concern, affecting approximately 50 million people globally, with 2.4 million new cases diagnosed each year. Parkinson's disease alone is expected to impact 8.7 million individuals by 2030.

Neurorehabilitation Devices Market Recent Development:

In March 2021, DIH, a global leader in robotics and virtual reality (VR) technology, entered into a strategic partnership with Reha Technology. As part of the agreement, DIH will assume responsibility for distributing Reha Technology's robotics products and will begin promoting and distributing its end-effector-based gait therapy devices in key markets, including Switzerland, Germany, and the United States, starting immediately.

List of the Key Players in the Neurorehabilitation Devices Market:

Abbott Laboratories, Hocoma AG, Biometrics Ltd, Boston Scientific Corporation, Ekso Bionics, Kinestica, Saebo Inc, ReWalk Robotics, Tyromotion GmbH among others.

Assessing the Effects of U.S. Tariffs on the Neurorehabilitation Devices Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Neurorehabilitation Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Neurorehabilitation Devices Market:

By Product Type: Neurorobotic Systems, Wearable Devices, Brain-Computer Interface, Brain Stimulators.

By Application: Stroke, Multiple Sclerosis, Parkinson's Disease, Cerebral Palsy, Brain and Spinal Cord Injury, Other.

By Brain Stimulator: Non-invasive Stimulators, Invasive Stimulators.

By End-User: Hospital, Rehabilitation Centers, Clinics, Homecare Settings, Others.

Regional Analysis for Neurorehabilitation Devices Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Neurorehabilitation Devices Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Neurorehabilitation Devices market?

➠ Who are the top manufacturers in the global Neurorehabilitation Devices industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Neurorehabilitation Devices market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Neurorehabilitation Devices market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Neurorehabilitation Devices industry landscape?

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